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From Times Staff and Wire Reports

Nestle Drops Magic as Endorser: After months of denying that it would drop Earvin (Magic) Johnson as a product endorser, a Nestle Chocolate & Confection Co. spokeswoman confirmed that the Purchase, N.Y., firm “has no plans” to use Magic Johnson to promote products in future commercials. At the same time, Johnson has signed a two-year contract to become spokesman for Skybox International Trading Cards--his first endorsement deal since disclosing that he has contracted the HIV virus.

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